EYUS IRS extends applicability date for withholding on certain transfers and distributions related to publicly traded partnership interests to 1 January 2023
|Tax Alerts, National/Federal Taxation, B ...|United States
The United States (US) Internal Revenue Service (IRS) announced in Notice 2021-51 that it will amend the regulations under Internal Revenue Code1 Section 1446(a) and Section 1446(f) to defer the applicability date of certain provisions by one year to 1 January 2023. The affected provisions relate to withholding: (i) on transfers of interests in publicly traded partnerships (PTPs); (…
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